Asked by Isabel Sanchez on Jun 19, 2024
Verified
In New York City there are more than 100,000 licensed taxicabs.
Licensed Taxicabs
Authorized taxi services that have obtained the necessary permits and licenses from the government to operate legally.
New York City
A major city in the United States, known for its significant cultural, financial, and media influence globally.
- Comprehend the function of government measures like licenses and medallions in the oversight of market activities.
Verified Answer
SB
Sasha BarbosaJun 22, 2024
Final Answer :
False
Explanation :
According to the New York City Taxi and Limousine Commission, as of 2021 there are only around 13,587 licensed taxicabs in New York City.
Learning Objectives
- Comprehend the function of government measures like licenses and medallions in the oversight of market activities.